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Tesla (TSLA) Stock Decline Is Buying Opportunity, Says Baird

NEW YORK (TheStreet) -- Shares of Tesla Motors (TSLA) were falling on heavy trading volume late Friday afternoon amid concerns about the electric vehicle manufacturer's ability to pay for its proposed acquisition of solar energy company SolarCity (SCTY), but Baird claims that recent stock weaknesses is a buying opportunity.

Tesla's near-term liquidity constraints and need to raise capital aren't new developments, the firm wrote in a note cited by Barron's.

The company had previously mentioned that a capital raise could be...


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